Business news

Belarus views cooperation with Russia in flax production, sheep farming as promising
"Taking into account the expertise and the level of sheep farming in Russia, we will appreciate Russia’s assistance in the development of the Belarusian sheep breeding sector and also possible supplies of high-quality young breeders"...

Over 70 armies use Belarusian defense products
The official attributed the success of the Belarusian defense industry to the close attention the head of state pays to it. “We can now make the defense products we couldn’t even dream of five to seven years ago,” Roman Golovchenko said...

First Belarusian harvesters, electric buses roll off assembly line in Azerbaijan
"We have already assembled the first electric bus in Azerbaijan to introduce modern, comfortable and eco-friendly transport in the country. Such e-buses serve well to people of Minsk. We plan to produce some 30-40% of their parts in Ganja"

Belarusian BelAZ presents world’s first haul truck with Stage 5 engine
The haul truck BelAZ-7547 with the carrying capacity of 45 tonnes was showcased during the road construction industry expo Autostrada Polska 2019, which is scheduled to take place in the Polish city of Kielce on 14-16 May...

EBRD: Belarus has many opportunities to develop private sector
According to Alexander Pivovarsky, foreign investors know little about the attractiveness of the Belarusian market. He mentioned well-developed infrastructure as one of its advantages...

Belarusbank considering yuan loans for China-Belarus industrial park resident companies
Viktor Ananich also reminded that Belarusbank had recently attracted €100 million on good terms from China...

Belarus eager to borrow from China Development Bank this year
In his words, the loan from China may become an alternative to a Russian state loan. Borrowing $500-600 million is the idea...

Belarus in talks over direct flights from America, India to Minsk
When the second runway became operational, Minsk National Airport got an opportunity to handle all types of aircraft. Therefore, now Minsk can receive nonstop flights from long-haul destinations...

FM: Belarus, EU want to remove remaining trade barriers
"The European Union has become our second biggest trading partner. We are an open economy and depend on the situation on external markets; therefore it is very important for us to maintain good trade and economic relations with the European Union"...

Belarus interested in Swedish expertise in renewable energy
The parties discussed partnerships in environmental protection and climate change mitigation, as well as the need to intensify cooperation taking into account that both countries are located in the Baltic Sea region...

Belarus prime minister, Rosatom head discuss nuclear power plant construction
The current state of affairs at the construction site was discussed as well as the remaining amount of work to build the nuclear power plant...

Belarus suggests establishing Eastern Partnership bank
Vladimir Makei suggested implementing big infrastructure projects as part of the action plan to invest in trans-European transportation network. He also called for easing trade with the European Union, including for non-associated partner states...

Belavia to launch Minsk-Munich air service on 15 July
The new flight will be operated four times a week. It will depart from Minsk at 12:30 on Mondays, Thursdays, Fridays, and Sundays, arriving at Munich Franz Josef Strauss Airport at 13:35...

UPDATE 1 - Belarus plans to supply vegetables, fruit, flour, honey to China
“We are currently working on the certification to start delivering vegetables, fruit, flour, honey and dairy feed for cattle to the Chinese market. We are also in talks to add two companies to the list of meat packing plants authorized to export beef to China”...

Belarusian Belkommunmash sells four trams to Kazakhstan
The four Belarusian trams were delivered as part of the project designed to renew the rolling stock of Pavlodar’s tram depot using loans from the European Bank for Reconstruction and Development (EBRD)...

Belarus in favor of curbing veto right in EAEU
The official mentioned Belarus’ proposals concerning the removal of barriers and restrictions in mutual trade. He mentioned the right to veto, which Eurasian Economic Union member states have used seven times over the course of five years since the union was established...

Nuclear power plant to become part of Belarusian electric company Belenergo
The enterprise RUP Belarusian Nuclear Power Plant will become part of the state industrial group Belenergo. Belarus President Aleksandr Lukashenko signed the relevant decree on 11 May...

Belarus recycling industry urged to do better
“Enough of plastic. Not only do we poison people. We also damage the environment. Belarus will soon turn into a dump site. This has to stop,” Aleksandr Lukashenko said...

Belarus to announce amount of damage from tainted oil supplies after audits
“I cannot talk about the exact amount today. It will finally be known once we take stock of what happened at the Polotsk oil refinery. We are calculating the damages now,” Aleksandr Lukashenko said...

Belarus, WB discuss possible financing for higher education project
Dmitry Krutoi and Cyril Muller also discussed the preparation of two new investment projects, the loan agreements for which are to be signed this year...